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Market exchange rates in China -- May 31

BEIJING, May 31 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 666.07

Euro 100 717.47

Japanese yen 100 5.2102

Hong Kong dollar 100 84.865

British pound 100 842.02

Australian dollar 100 478.80

New Zealand dollar 100 436.31

Singapore dollar 100 487.21

Swiss franc 100 694.87

Canadian dollar 100 526.18

Malaysian ringgit 65.546 100

Ruble 957.21 100

Rand 232.50 100

Korean won 18,568 100

UAE dirham 55.131 100

Saudi riyal 56.304 100

Hungarian forint 5,489.07 100

Polish zloty 63.90 100

Danish krone 103.69 100

Swedish krona 146.46 100

Norwegian krone 141.26 100

Turkish lira 245.973 100

Mexican peso 293.51 100

Thai baht 512.00 100

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.

The central parity rates of the yuan against the other 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.